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American Water Works Company Inc's Pennsylvania American Water Closes Two Water System Acquisitions


Wednesday, 2 Jan 2013 09:45am EST 

American Water Works Company Inc's Pennsylvania American Water announced that it closed a pair of water systems acquisitions in northeast Pennsylvania in the final days of 2012. The combined purchase price of the newly acquired systems is approximately $1.2 million. In Monroe County, Pennsylvania American Water acquired the water system assets serving the Fernwood Resort, which consists of approximately 570 timeshare units and six commercial customers, including a hotel complex, convenience store and restaurants built around Fernwood's golf course. The resort is located in Middle Smithfield Township and is in close proximity to Pennsylvania American Water's Saw Creek water and wastewater operations. 

Company Quote

48.74
-0.27 -0.55%
23 Jul 2014